Culiacan, Sinaloa, Mexico. Stock image. The initial seven holes completed by Vizsla Resources at the Panuco silver-gold project in Mexico returned high-grade intercepts from an area surrounding historic workings as well as from a new vein discovery.Drill highlights include 3.55 metres of 364 g/t silver-equivalent from the Paloma vein, a newly discovered structure, and 2.6 metres of 404 g/t silv...Read More

Image from RPM Global. Mining technology and consulting company RPM Global has launched the Talpac-3D software package, an addition to its suite of mining simulation solutions aimed at helping companies unlock value from their operations.After detailed consultations with Talpac's global user base, RPMGlobal released Talpac-3D to offer an enhanced user experience, increased functionality and a s...Read More

MBI global logo MBI Drilling has embarked on a new phase, becoming MBI Global. As part of its focus on the future of the international mining industry, the company revisited the MBI brand with a rebranding effort.MBI Global will join forces with its partners, Versa Drill Canada, Pilot Diamond Tools, Premier Mining Products, N&N Drilling and Drillware, to bring a competitive edge to the gl...Read More

Bob Moriarty ArchivesMar 9, 2020In military aviation pilots are taught about an important concept called being on theBack Side of the Power Curve.For every aircraft and altitude there is a speed and power curve. Until the aircraft gets too slow things work just fine. A lot like the Fed. But when the aircraft flies too slow and drag gets too high, the addition of more power makes the situation wors...Read More

The United Nations Conference on Trade and Development said yesterday it expected the COVID-19 outbreak's negative impact on global foreign direct investment flows to be between -5% to -15% this year.Meanwhile equities in the Middle East plunged on Sunday as Saudi Arabia slashed the price of its crude after producers failed to agree on supply cuts, Bloomberg reported.Diversified miner and oil and...Read More

New York-based Jefferies, which also highlighted MMG's operational risks in a weekend note on the 75%-China Minmetals Corp owned company, said its high level of exposure to a weaker copper price was one concern, but probably not as big a problem as its "relatively high operating risk [Las Bambas and Kinsevere] and a levered balance sheet"."Net debt was reduced by $226 million to $7.47 billion at t...Read More

Under the proposed three-year mining services contract, Barminco says it will bring industry-leading technology and productivity to Hemlo in support of Barrick's goal to modernise and improve the performance of the mine and establish it as a tier two asset within its group.Barminco's scope of work includes undertaking mine development, production and haulage, using Barrick's mining equipment.The c...Read More

Its announcement comes as South African miners said they could mobilise "large-scale medical facilities" if needed, Western Australian producers agreed to form a working group to address key coronavirus concerns, and attendance last week at PDAC 2020, the world's biggest annual exploration and mining convention, was lower as contagion fears kept some away.Canada-based Barrick said it had not yet d...Read More

Share this articleDONKIN, N.S. - Nova Scotia's Labour Department says a stop work order has been partially lifted at the Donkin coal mine in Cape Breton.Production was shut down Feb. 13 after a rockfall in an area of the mine that saw another roof collapse two weeks earlier.There were no injuries reported in either incident, which occurred at an intersection between two coal seams inside the unde...Read More

Today is Monday, March 9, 2020, and this is your daily gold market update. Let's look at the latest price of gold, value of the dollar, gold/silver ratio, Commitment of Traders data, and exchange-traded fund (ETF) prices to get a sense of how the yellow metal is faring today.Gold PriceThe price of one troy ounce of gold in U.S. dollars today is $1,673.25. It's down -0.03% from yesterday and up 29....Read More

Today is Monday, March 9, 2020, and this is your daily energy stocks roundup. Today we're looking at the valuations of Kinder Morgan (NYSE: KMI), Cenovus Energy (NYSE: CVE), and Vermillion Energy (NYSE: VET).Kinder Morgan (NYSE: KMI)Kinder Morgan (NYSE: KMI) is a $36.81 billion company today with a one-year return of -3.35%. Let's look at its price-to-earnings (P/E) ratio, its enterprise-value-to-...Read More

I was planning on sending out an article today talking about investing in precious gemstones - red diamonds, padparadscha sapphires, Burmese rubies, old mine emeralds, and the like.But a precipitous drop in oil prices last night demands that I address a bad buy call on crude last Friday.The price of crude oil plummeted in overnight trading after an apparent breakdown of the OPEC+ alliance, which h...Read More

Published on March-8-2020: Dear Friend of GATA and Gold:Northman Trader's clear-eyed founder, market analyst, and longtime skeptic, Sven Henrich, writes tonight that the astounding volatility in the financial markets is "screaming" at governments and central banks: "Intervene now!":https://northmantrader.com/2020/03/08/vix-shock/Unlike most analysts allowed to appear on mainstream financial new...Read More

I appeared to occupy a unique place on the lunatic fringe when, many years ago, I started writing about the prospect of a short squeeze on the dollar. When I bounced this idea off a half-dozen finance professors, each had the same response: "Huh?" Their incredulity notwithstanding, it has always seemed a given to me that it would take a catastrophic deflation to wipe out debts, both public and...Read More

Steve St. Angelo, SRSrocco Report (MARCH 8, 2020 Late PM US EST)It begins... the world is finally waking up to the massive economic and financial threat of this global contagion. As reported by Zerohedge, the Middle East markets opened today to a bloodbath as many of the region's stock indexes fell more than 5%, with Kuwait suspending trading after it's market fell 10%. According to the ar...Read More

RambusI promised you on Friday that I would take an in-depth look at the energy complex in the Weekend Report. If there is one sector to define the possible deflationary event we've been discussing for the last several months or so oil is probably the most important commodity of all. Eventually we'll know the cause in no uncertain terms, but the charts have been suggesting for a long time now th...Read More

Sector expert Michael Ballanger examines last week's markets with an eye toward hockey leagues and central banks. Wikimedia CommonsThere are times in my life where I am forced to fight the urge to do harm to people, something that I have never enjoyed, even when I was playing hockey in the violent Southern Hockey League in 1977. I have taken spears to the groin, butt-ends to the face, hooks to th...Read More

I promised you on Friday that I would take an in-depth look at the energy complex in the Weekend Report. If there is one sector to define the possible deflationary event we’ve been discussing for the last several months or so oil is probably the most important commodity of all. Eventually we’ll know the cause in no uncertain terms, but the charts have been suggesting for a long time no...Read More

Published on March-8-2020: Dear Friend of GATA and Gold:Northman Trader's clear-eyed founder, market analyst, and longtime skeptic, Sven Henrich, writes tonight that the astounding volatility in the financial markets is "screaming" at governments and central banks: "Intervene now!":https://northmantrader.com/2020/03/08/vix-shock/Unlike most analysts allowed to appear on mainstream financial new...Read More

I appeared to occupy a unique place on the lunatic fringe when, many years ago, I started writing about the prospect of a short squeeze on the dollar. When I bounced this idea off a half-dozen finance professors, each had the same response: "Huh?" Their incredulity notwithstanding, it has always seemed a given to me that it would take a catastrophic deflation to wipe out debts, both public and...Read More